WH Group Limited (OTCMKTS:WHGLY) Sees Large Growth in Short Interest

WH Group Limited (OTCMKTS:WHGLY – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 27,539 shares, a growth of 249.6% from the August 31st total of 7,877 shares. Based on an average daily volume of 133,433 shares, the short-interest ratio is currently 0.2 days.

WH Group Trading Down 1.0%

Shares of WH Group stock opened at $16.55 on Friday. WH Group has a 1 year low of $16.01 and a 1 year high of $28.31. The company has a 50 day simple moving average of $19.53 and a two-hundred day simple moving average of $22.44.

About WH Group

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WH Group Limited is a Hong Kong-based food company focused on pork production, processing and packaged meat products. Its operations span the pork supply chain, including hog production, slaughtering and processing, fresh and frozen pork, and branded and packaged foods such as sausages, ham and other prepared meat products.

The company’s principal businesses include Smithfield Foods in the United States and Shuanghui Development in China. Smithfield is involved in pork production and processing and sells fresh pork and packaged meat products in the United States and international markets.

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